Update on Timing of Full Year Results Announcement

Update on Timing of Full Year Results Announcement

Anpario, the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, announces an update regarding the timing of the publication of its final results for the year ended 31 December 2024.

The Group has agreed with a request from its auditors, BDO LLP, for more time to complete the Group's audit process. While the audit of the Group's Annual Report and Accounts is well advanced, the audit has not yet been concluded. 

The Group will continue to work closely with BDO to ensure that the audited results for the year ended 31 December 2024 are published as soon as possible.

Consequently, the publication of Anpario's audited financial statements for the year ended 31 December 2024 will be delayed until the conclusion of the audit, but they are expected to be published no later than 2 April 2025.

The Board expects to report underlying performance of the Company for the year ended 31 December 2024 with revenue for the Group of £38.2m (2023: £31.0m), adjusted EBITDA1 of £7.0m (2023: £4.5m) and net cash of £10.5m (2023: £10.6m).

Investor Presentation via Investor Meet Company

Due to the delay in publication of the Company's audited financial results, a revised date for the presentation for analysts and investors will be announced in due course.

1 Adjusted EBITDA represents operating profit for the period adjusted for: share-based payments and associated costs; depreciation, amortisation and exceptional impairment charges; and non-recurring acquisition costs .